Market Information for Allen, Texas for the period ending June 30, 2010
While the total number of year-over-year sales and volume are up, the median price is down about $1750.
Listings under $300k are selling in about 90 days, $500k in 180 days, $750k in 270 days and $1m+ is 540 days. I would attribute the reduction in days on market for listings under $300k to the Federal Tax Credit. It will be interesting to see what happens in the third quarter.
Source: NTREIS
Tom Branch and Gina Branch, The Branch Team with RE/MAX Dallas Suburbs, service the greater North Dallas suburbs including Dallas, Plano, Allen, McKinney, Frisco, Lewisville, and Carrollton. While Gina concentrates on traditional listings and buyer/tenant representation, Tom specializes in assisting distressed homeowners to avoid foreclosure. Tom and Gina have published two books (Achieving Rock Star Status and The Field Guide to Short Sales) and are available for speaking engagements in the greater Dallas - Fort Worth Metroplex. Subscribe to The Branch Team Blog.
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The Branch Team - Texas Real Estate Broker 547597 | Team Members are Texas Licensed Real Estate Professionals
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